Pikabot was distributed in Water Curupira Pikabot Distribution throughout 2023 by an entity linked to BlackBasta ransomware deployment via email attachments. This activity followed the take-down of QakBot, with several technical overlaps and similarities with QakBot, indicating a possible connection. The identified activity led to the deployment of tools such as Cobalt Strike, while coinciding with campaigns delivering DarkGate and IcedID en route to ransomware deployment.